Real Estate
Former Ping An CEO Jessica Tan to be president of Sun Life Canada
The Singaporean succeeds Jacques Goulet as president of the life insurance companyJESSICA Tan, the former co-chief executive officer of Chinese insurance company Ping An, will succeed Jacques Goulet as...
US dollar rises after August inflation data
The US dollar rose on Wednesday (Sep 11) after data showed underlying inflation in the world’s largest economy rose in August, reinforcing expectations that the Federal Reserve will likely...
Hanwha launches voluntary conditional cash offer for Dyna-Mac at S$0.60 a share
SOUTH KOREAN company Hanwha has launched a voluntary conditional cash offer through a special-purpose company to take management control of offshore oil-and-gas contractor Dyna-Mac at S$0.60 a share.The offer...
Sabana Reit’s former tenant enters liquidation; Reit manager to mitigate losses
The premises have been renamed to 33, 33A and 35 Penjuru Lane to facilitate multiple tenantsTHE former master tenant of Sabana Industrial Real Estate Investment Trust’s (Reit) premises at...
Samsung plans global job cuts of up to 30% in some divisions: sources
SAMSUNG Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30 per cent of its overseas staff at some divisions, three sources with...
Bitcoin dips as Kamala Harris and pro-crypto Donald Trump clash in debate
BITCOIN slid as traders reacted to the US presidential debate between Democratic nominee Kamala Harris and Republican rival Donald Trump, who has embraced the crypto sector.The largest digital asset...
China’s Comac eyes Singapore, Hong Kong for overseas offices
CHINESE planemaker Comac is considering opening its first offices in Asia outside of mainland China, sources familiar with the matter said, as part of a push to help its...
Singapore shares open higher on Wednesday; STI up 0.4%
SINGAPORE shares began Wednesday (Sep 11) trading in positive territory, mirroring overnight gains in Wall Street. As at 9.01 am, the Straits Times Index (STI) climbed 0.4 per cent...